Poland is investigating a Warsaw-based company that received approximately 100 million Polish złoty ($27.5 million) from a Korean arms manufacturer after the NATO government signed multibillion-dollar weapons deals with Seoul.
Launched in June by the Regional Prosecutor’s Office, the probe focuses on suspected large-scale invoice falsification under two articles of the Polish penal code, according to local broadcaster TVN24.
Authorities have not identified the Korean supplier or the Polish recipient company, and no charges have been filed, but the offenses carry penalties from 5 to 25 years in prison.
“The proceedings concern the issuance by a Polish company of two multi-million VAT invoices to a Korean arms company for consulting services,” Regional Prosecutor’s Office Spokesperson Mateusz Martyniuk stated.
“We are investigating the suspicion that the invoices contained false statements regarding circumstances relevant to the determination of the public debt.”
A Brief Timeline
Poland’s ongoing case, led by the Internal Security Agency and the National Revenue Administration, found that the Polish company involved was founded in 2019 by two Korean nationals and is officially registered as a consulting business.
Officials claim the enterprise barely generated revenue until late 2022 and early 2023, when its revenue suddenly surged to nearly a hundred million złoty ($27.5 million).
Most of this funding arrived soon after Poland signed its first contracts with South Korea for the acquisition of K2 Black Panther main battle tanks, K9 Thunder self-propelled howitzers, and FA-50 fighter jets in 2022 under ex-Defense Minister Mariusz Błaszczak.
The nearly $7 billion agreements remain in place and are expanding, with current Defense Minister Władysław Kosiniak-Kamysz signing new deals this month for additional deliveries and indigenous tank production.
Still in Process
Investigators have not disclosed whether the probe could affect ongoing arms shipments but confirmed the case is still active.
Attempts to reach the company’s legal representatives were unsuccessful, TVN24 reported. The firm is currently registered at a mailing address in a Warsaw office building.
“We are now carefully verifying where, or rather to whom, the money from the Polish company went based on subsequent contracts,” a source told the outlet.
